Good set of results by Stylam; revenue grew by 20% and profit grew by 75% in march quarter. Eps for march 2016 quarter is 5.26 compared to eps of 2.99 in march 2015 quarter. FY16 EPS is 16.60. With capacity expansion FY17 EPS can be around Rs 21-22.
Compared to its peers it looks undervalued, may be due to the debt and inventory levels on the balance sheet it is trading at current valuations.
Looking forward to the AR for more details.